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20121226
20130103
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to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> okay. two and a half minutes left. we've talked a lot about the resilience of the markets even in the face of the fiscal cliff market. maybe the market has been taking this in stride. look what happened today. we almost got to 20, the yellow flag area. we haven't been to 20 on the vix since back in july, early july, and today we're up 3.7% at 1928. however, look at a one--year chart of the dow comparing it to the vix. what often happens is when the vix peaks as it did in june and july, that can mark a bottom in the stock market so we're starting to move up again. i'm just saying. not trying to forecast anything and here's what happened today at the dow, sort of falling off here in the latter part of the hour but not off. off the lows of the day. down 21 points. material stocks were the strength today. up 1.5%. everybody else was either unchanged or lower. what do you make of the increased volatility or increased fear here, david darst, as we go into the end of the year
straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> about three minutes left and we're closing out the week near the lows of the week. this is the dow this week, and generally the hopes for a fiscal cliff resolution have been coming down here, and nowhere has it been more evident than just in the last hour. let me show you today's chart of the dow. early on we had the rumors that maybe the president had some new scaled down proposal to offer at the white house meeting, and then our eamon javers reported that that is not the case, and that's what took this market lower, and we're near the lows, down 138 points. my friend ben willis, you've been one of the more optimistic traders on the floor, optimistic we'd get a resolution. willing to buy the dips and now this happened. >> the chart you just showed, mr. obama not buying anything newnew. anybody buying the dips had to puke them out. that's exactly what happened. professional traders, most of which have been in this week, most others on the s
isn't rocket science. it's just common sense. from td ameritrade. >>> coming up on the three-minute mark. i think we'll call this the ellie kefns rally. >> i think we should call it the ben rally here. >> i'm not going to take any credit for this. >> pulled you in. >> first time you've been in from london in a while and you get a rally, coincidence. i think not. let me show you what's happening as we go out. coming out with a gain of 286 points on the dow right now. that's the high for the session, but even stronger, as kelly was pointing out earlier, the technology stocks are powering the nasdaq higher so the dow is up 2.18%. the nasdaq is up almost 3% at this point. what about the fear indicator vix has had its biggest two-day decline now in a few years. it's down another 18% today at 1477. what's powering us higher here? among the s&p sectors, technology. look at, that kelly, up 3% almost on that. the financials, the telecoms. >> look at telecoms up 3%, and we're just seeing the s&p at session highs, 1458. those are the levels to watch. so we're at highs much earlier in th
Search Results 0 to 2 of about 3